Midstream

I can help you kinda get it going.

You can help me, especially on the natural gas side." And so we started Tidewater Midstream, and off to the races we went.

So the idea was it was a midstream business with processing of natural gas to-

Yeah

Four energy companies across four completely different parts of the business all committed capital inside seven days.

Power, Upstream, Midstream, and LNG.

Nobody was reporting.

everybody was spending.

Worth went and bought barrels in the one basin he never left.

What I'd watch is whether that capital shows up as production or as a write-down, because the history of that basin is not kind.

Midstream, same week.

One Oak is buying Brazos Midstream's Permian Gathering and processing assets for $4.4 billion in cash.

Welcome, everyone, to All Stream Insider's Midstream Minute, where we bring you all that is happening in the midstream industry within a couple of minutes.

We're all busy, so we hit you with the high points.

This is Ephraim Garcia, your host, and this is your August 31st session.

And I think some of these companies will end up being some of the leaders.

But combining Mistream with Downstream Oil, I think being simply a Shell gas producer today is quite limiting.

How do you add midstream and downstream capabilities? They're just probably an endless iteration.

This power fits into all this as well.

And the beat was really broad-based, too.

Midstream posted $785 million.

And Renewable Fuels completely reversed a Q1 loss, didn't they?

They did, yeah.